Opinion No., (1968)
Court: Oklahoma Attorney General Reports
Number:
Visitors: 6
Filed: Feb. 08, 1968
Latest Update: Mar. 03, 2020
Summary: OPINION — AG — ** SYSTEM BONDS — APPOINTMENT — ADDITIONAL TRUSTEES ** THE BOARD OF REGENTS OF OKLAHOMA COLLEGES IS AUTHORIZED UNDER 70 Ohio St. 4004 [ 70-4004 ](A)(5) TO APPOINT AN ADDITIONAL TRUSTEE WHEN ISSUING PARITY REVENUE BONDS ON A BOND SYSTEM, EVEN THOUGH A SINGLE TRUSTEE BANK WAS DESIGNATED TO MAINTAIN A SINKING FUND, RESERVE FUND, AND REPAIR AND REPLACEMENT FUND WHEN THE BOND SYSTEM WAS CREATED. (SELF LIQUIDATING IMPROVEMENTS, SYSTEM BONDS) CITE: 70 Ohio St. 4001 [ 70-4001 ], 70 Ohio S
Summary: OPINION — AG — ** SYSTEM BONDS — APPOINTMENT — ADDITIONAL TRUSTEES ** THE BOARD OF REGENTS OF OKLAHOMA COLLEGES IS AUTHORIZED UNDER 70 Ohio St. 4004 [ 70-4004 ](A)(5) TO APPOINT AN ADDITIONAL TRUSTEE WHEN ISSUING PARITY REVENUE BONDS ON A BOND SYSTEM, EVEN THOUGH A SINGLE TRUSTEE BANK WAS DESIGNATED TO MAINTAIN A SINKING FUND, RESERVE FUND, AND REPAIR AND REPLACEMENT FUND WHEN THE BOND SYSTEM WAS CREATED. (SELF LIQUIDATING IMPROVEMENTS, SYSTEM BONDS) CITE: 70 Ohio St. 4001 [ 70-4001 ], 70 Ohio St..
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OPINION — AG — ** SYSTEM BONDS — APPOINTMENT — ADDITIONAL TRUSTEES ** THE BOARD OF REGENTS OF OKLAHOMA COLLEGES IS AUTHORIZED UNDER 70 Ohio St. 4004 [70-4004](A)(5) TO APPOINT AN ADDITIONAL TRUSTEE WHEN ISSUING PARITY REVENUE BONDS ON A BOND SYSTEM, EVEN THOUGH A SINGLE TRUSTEE BANK WAS DESIGNATED TO MAINTAIN A SINKING FUND, RESERVE FUND, AND REPAIR AND REPLACEMENT FUND WHEN THE BOND SYSTEM WAS CREATED. (SELF LIQUIDATING IMPROVEMENTS, SYSTEM BONDS) CITE: 70 Ohio St. 4001 [70-4001], 70 Ohio St. 4013 [70-4013] (SAM I. HELLMAN)
Source: CourtListener